The wholesale price based inflation rose to 2.37 per cent on an annual basis in December from 1.89 per cent in November even as food prices see marginal change, showed government data.
A poll by Reuters had indicated India’s WPI to be at 2.3 per cent. On the other hand, fuel and power contracted at a slower pace in December at 3.79 per cent as against (-) 5.83 per cent in November.
Biggest jump was observed for primary articles inflation as it touched to 6.02 per cent, from 5.49 per cent in November.
Marginal change was observed for food inflation in December. It touched to 8.89 in December, from 8.29 per cent in November.
India’s retail inflation eased to 5.22 per cent in December from 5.48 in November.